Copyright Agency Limited (CAL) has been appointed by the government to manage the artists’ resale royalty scheme, which entitles artists to a 5% royalty on certain resales of their works. The artists’ resale royalty scheme was launched in June 2010.
• It applies to resales of existing as well as new works
• It applies to a range of original artworks, included limited edition prints authorised by
the artist
• It does not apply to a private sale from one individual to another
• A royalty is not payable on the first change of hands after 9 June, but all resales must be reported
• A royalty is not payable on resales for under $1,000
• The scheme will be extended to artworks from countries that have similar schemes
Further information for artists - http://www.resaleroyalty.org.au/artists.aspx
Further information for art market professionals - http://www.resaleroyalty.org.au/art-market-professionals.aspx
Further information for buyers and sellers of art - http://www.resaleroyalty.org.au/art-buyers-or-sellers.aspx
About CAL
Copyright Agency Limited (CAL) is a copyright licensing company that provides simple ways for people to reproduce, store and share words, images and other creative content, in return for equitable payment. Key contacts:
Tristan Chant, Visual Artist Manager
Judy Grady, Manager, Resale Royalty
